Rivian earnings shock triggers stock plunge—Q2 miss and $2.25B loss spark 4% drop as EV credit cut, Trump tariffs fuel panic sell-offRivian stock plunged over 4% after the company posted a disappointing Q2 2025 earnings report and forecasted a wider $2.25 billion annual l...
06 Aug, 2025, 04.09 AM IST
Why Tesla’s rival Rivian’s stock is surging: Insights into market position and challengesRivian frequently viewed as a competitor to Tesla, experienced a remarkable 24.5 per cent surge in its stock price on Friday.
05 Jan, 2025, 03.34 AM IST
Volkswagen bets on US startup to save its EV strategyVolkswagen, struggling against US and Chinese electric vehicle rivals, partners with Rivian to revamp its EV software strategy. The German ...
16 Dec, 2024, 01.09 PM IST
Volkswagen boosts bet on Rivian's EV tech by $800 millionThe companies also named leaders for their multibillion-dollar joint venture and showcased a prototype EV. The spending may ease concerns a...
14 Nov, 2024, 12.02 AM IST
Automakers’ tech alliances threaten IT’s ER&D bastionVolkswagen-Rivian, Volkswagen-Xpeng, Honda-Nissan and Volvo AB-Daimler Truck are some of the deals that went through in 2024 to develop sof...
26 Aug, 2024, 06.00 AM IST
Volkswagen is reeling in China. Can EVs help it grow in the US?The world's second-largest automaker faces a vexing landscape of challenges in Europe, the U.S. and especially China, where domestic EV mak...
29 Jul, 2024, 10.22 AM IST
Rivian jumps 36% as $5 bln Volkswagen investment signals 'vote of confidence'The investment is set to reinforce Rivian's dwindling cash reserves, push the startup nearer to profitability, and enhance its competitive ...
26 Jun, 2024, 10.01 PM IST
Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting...
26 Jun, 2024, 09.53 PM IST
From $25,000 to $2.5 million in one day. How a man earns 100 times his investment overnight? Insider trading or market sentiment?Was there some foul play like insider trading involving Rivian’s stock or the sentiment was so high that it resulted in a mind-blowing gain...
26 Jun, 2024, 09.51 PM IST
Volkswagen's $5 billion investment in Rivian boosts EV maker's sharesRivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant...
26 Jun, 2024, 07.43 AM IST
Hyundai joins EV charging port revolution, adopts Tesla standard: Who's next?Hyundai has revealed its intention to embrace Tesla's electric vehicle (EV) charging protocols, aligning itself with major players in the a...
05 Oct, 2023, 09.33 PM IST
Automakers plug into Tesla's EV charging networkMore automakers signed up to access Tesla's electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led com...
19 Jul, 2023, 06.19 PM IST
Volkswagen to challenge Rivian, Ford with electric Scout SUVThe carmaker would invest around 100 million euros ($105.52 million) in the new brand, the people said, potentially seeking external fundin...
11 May, 2022, 07.25 PM IST
Elon Musk exercises more options, sells Tesla shares worth $973 millionOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on ...
17 Nov, 2021, 01.06 PM IST
Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
17 Nov, 2021, 10.58 AM IST
Rivian, electric vehicle startup, unveils large losses in IPO filingRivian, founded in 2009, makes an upscale truck and a sport utility vehicle, both designed to be driven off-road. “Now, there’s a way to ex...
02 Oct, 2021, 10.27 AM IST
Tesla’s followers are trying to piggyback off Elon Musk’s sales winsTesla has spent years lobbying states to loosen these laws, which ban car manufacturers from owning or operating their own stores. Tesla, w...
26 Feb, 2020, 11.52 AM IST